Gas, Fuel Prices to Double, Triple Overnight?

Colonel Gaddafi of Libya is still trying hard to stay in office as leader of his country and says that if he is killed, he will take everything with him that he can.

He also told a reporter for Al-Jazeera television that he will go down as a martyr and has ordered all the oilfields in Libya to be blown up or the pipelines cut.

That caught people's attention, as a lot of countries depent on oil from Libya.

Gaddafi has now upped his plans for revenge by claiming that he will attempt to take out a few wells in Saudi Arabia and Kuwait also, according to The Drudge Repute.

However, many are saying that Libya's army and air force are turning against their longtime leader and will refuse to go along with his plans that could bring down the world's economies.

One military Major claims that Gaddafi only has the support of the 5,000 or so soldiers that are under the authority of his son, Qadhamouthful. "There are 45,000 military men here. So Gaddafi could be brought down pretty fast...especially if he and his family are offered a safe place to live."

However, the world panic could happen overnight should everything go just right in the Middle East...or perhaps, just wrong.

This just in....Gaddafi is reporting than a UFO has landed near his palace and asked him to come aboard.

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